your village your bank
617-969-4300
Access Your Accounts Online
submit
Learn More
PAGE HEADER IMAGE

Savings Individual Retirement Accounts (IRAs)

Save for retirement with one of The Village Bank’s Individual Retirement Accounts. Anyone under the age of 70 1/2 with earned income may make a contribution to a traditional IRA. A person with earned income who is not covered by an employer-sponsored retirement plan may deduct IRA contributions regardless of his or her income. Withdrawals prior to the age of 59 ½ can be made without an IRS penalty for certain reasons such as a first-time home purchase or higher education expenses. Please consult your tax advisor for more information.